Sports & Entertainment: Rock Royalties, NIL Lawsuits, and Carmelo’s Cannabis Venture

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Welcome back to the Spotlight! With my being glued to the Yankees game, amongst other things, I will be brief here. But hopefully, I have left just enough meat on the bone for you to dig in below.

  • Rock band Limp Bizkit sues record label Universal Music for $200 million in allegedly unpaid royalties. Universal would be forgiven for thinking that the group did not want the money since, by their own admission, they did it all for the nookie.
  • Former Ohio State University standout quarterback Terrelle Pryor follows in Reggie Bush’s footsteps with an NIL lawsuit against the NCAA and the Big Ten Conference, seeking to recover a substantial sum from years Pryor.
  • Former NBA star Carmelo Anthony turned entrepreneur reveals his next venture is in the cannabis industry—a fitting endeavor for someone well acquainted with being mellow.

Endorsement Deals, Sponsorships & Investments

Strauss Gets Sky-High ROI From MLB Playoff Helmet Logos
October 8, 2024 via Sportico

Basketball great Carmelo Anthony enters new arena with cannabis brand, mission
October 7, 2024 via Marijuana Business Daily

Tyrese Haliburton Reportedly Inks New Endorsement Deal With Puma
October 7, 2024 via Footwear News

Man City land blow on Premier League in legal battle over sponsorship deals
October 7, 2024 via The Independent


Sports

College athletes are one step closer to pocketing millions of dollars—and they can begin applying for payments this month
October 8, 2024 via Fortune Magazine

Terrelle Pryor sues Ohio State, Big Ten, NCAA and Learfield over NIL
October 4, 2024 via Awful Announcing


Music Biz

Limp Bizkit Seeks $200 Million From Universal Music Over Unpaid Royalties
October 8, 2024 via Claims Journal

Why it pays to be a songwriter
October 5, 2024 via Business Mirror

Selena Gomez couldn’t afford to go to her first Disney casting—now she’s a billionaire startup founder
October 4, 2024 via CNBC

Here’s how AI Is going to change the music industry, according to one of the leaders of Apple’s first foray into music
October 4, 2024 via Fortune Magazine


Film & TV

Derek Jeter Launches Company to Grow Hollywood Footprint
October 9, 2024 via Sportico

Grasshopper Film Acquires Jem Cohen’s Cosmic ‘Little, Big, And Far’ On Eve Of World Premiere At New York Film Festival
October 4, 2024 via Deadline

Sony Pictures Classics acquires TIFF premiere ‘The Penguin Lessons’ for multiple territories | News | Screen
October 4, 2024 via Screen Daily

NBA Says TBS No ‘Match’ for Amazon as Legal Row Heats Up
October 4, 2024 via Sportico

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Foster Garvey PC

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